Canadian Stocks/air canada shares
i found my dad'S CERTIFICATE FOR 200 SHARES IN AIR CANADA,HE WAS VERY PROUD OF THIS INVESTMENT...TODAY WHAT AND WHERE DO I DO WITH HIS GIFT?
Joanne, from the information I have available:
Air Canada went bankrupt in 2003. If your certificate is dated prior to April 1, 2003, it likely has little to no value. When the Company emerged from court protection, old common shareholders received very little equity in the new company - only 0.01% of the new company's fully diluted shares. I suggest you contact the current transfer agent, Canadian Stock Transfer (www.canstockta.com) to see if the old certificate has any current value.